According to Systematic, 2016 has been designated as the 'Year of Ransomware' due to the enormous growth in ransom thieving.
With no sign of this stopping anytime soon, companies must look at how to protect their most valuable asset, their data. Until now, Ransomware has seen an increase of 500% from the previous year.

Ransomware is a virus that encrypts the files on a computer and any network shared drives attached to that PC. Businesses are being hit with ransomware at an alarming pace. Once those files are encrypted there are 2 options: pay the ransom (averaging $1500.00 in Bitcoins) or restore from an unaffected backup.